Mortgage Advice Bureau (LON:MAB1) Insider Acquires £20,007.19 in Stock

Mortgage Advice Bureau (Holdings) plc (LON:MAB1) insider Mike Jones bought 5,833 shares of the business’s stock in a transaction dated Friday, October 9th. The shares were acquired at an average cost of GBX 343 per share, with a total value of £20,007.19.

Mortgage Advice Bureau Stock Up 2.7%

MAB1 opened at GBX 367.50 on Friday. The company has a debt-to-equity ratio of 43.59, a current ratio of 0.60 and a quick ratio of 2.21. Mortgage Advice Bureau has a 12 month low of GBX 322 and a 12 month high of GBX 818. The stock has a market capitalization of £211.73 million, a P/E ratio of 14.24, a P/E/G ratio of 0.81 and a beta of 1.06. The business has a 50 day simple moving average of GBX 429.87 and a 200-day simple moving average of GBX 499.89.

Mortgage Advice Bureau (LON:MAB1) last announced its quarterly earnings data on Wednesday, September 23rd. The company reported GBX 6.30 earnings per share for the quarter. Mortgage Advice Bureau had a return on equity of 16.94% and a net margin of 3.59%. On average, equities analysts anticipate that Mortgage Advice Bureau will post 44.74 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank reiterated a “buy” rating and issued a GBX 975 price objective on shares of Mortgage Advice Bureau in a research note on Tuesday, September 22nd. One research analyst has rated the stock with a Buy rating. According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of GBX 975.

About Mortgage Advice Bureau

MAB is a leading UK property finance platform that connects customers, advisers, lenders, and insurers throughout the homeownership journey. Through its scalable, technology-driven intermediary model, MAB delivers personalised mortgage and protection advice via its proprietary platform, supported by deep customer insight and a data-rich, digitally enabled framework.

Through its partner firms, known as Appointed Representatives (ARs), MAB has over 2,100 advisers providing expert advice across mortgages, specialist lending, protection and general insurance products.